Fri, 27 Jul 2012 04:58:04 PDT
Reuters reports that Apple will be acquiring AuthenTec for $356 million.
AuthenTec Inc (AUTH.O), which makes fingerprint sensor chips used in
personal computers, said it agreed to be bought by Apple Inc (AAPL.O) for
about $356 million.
Reuters describes AuthenTec as a maker of fingerprint sensor chips. From
their fact sheet, AuthenTec describes its technology's use:
AuthenTec's products and technologies provide security on hundreds of
millions of devices, and the Company has shipped more than 100 million
fingerprint sensors for integration in a wide range of portable electronics
including over 20 million mobile phones. Top tier customers include Alcatel-
Lucent, Cisco, Fujitsu, HBO, HP, Lenovo, LG, Motorola, Nokia, Orange,
Samsung, Sky, and Texas Instruments.